Ninjastic
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Board Bitcoin Discussion
Re: DID YOU KNOW?
by
Ethan Manson
on 02/05/2018, 16:46:38 UTC
Quote from: DannyHamilton on May 02, 2018, 04:38:19 PM
Quote from: Ethan Manson on May 02, 2018, 04:32:01 PM
Quote from: DannyHamilton on May 02, 2018, 04:27:43 PM
Quote from: J Sykes on May 02, 2018, 04:14:36 PM
Did you know...Bitcoins current transactions per second capacity is roughly 7 and Ethereums is 20. Visa can do 24000. But do not be disheartened. Visa has a 60year head start. With state channels and other updates billion transaction per second systems are muted to be possible so watch out Visa

You failed to including Lightning Network in your calculations. You also failed to include SegWit in your calculations.

Your numbers are invalid.  Try computing again.

Is lightning network not a state channel?

Is the capacity "roughly 7"?

I was under the impression he was referring to the current transaction capacity without the full implementations of segwit, lightning, schnorr signatures ect. Which I think if im not mistaken is between 3-7